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Investment EVE SUITE @ ARA DAMANSARA [OWNERS' THREAD], New York Soho Concept + LRT Integration

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northface
post Mar 2 2012, 03:13 PM

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QUOTE(Johnlhtoh @ Mar 2 2012, 02:58 PM)
The owner Mr Seow  has just being conferred ' DATUKSHIP ' . I m sure that he will be concerned about his development along with his reputation . ( i hope i am not wrong)
Wow I'm still surprised in this day there are still individuals who put faith into another individual because he is a 'datuk', lmao. rclxub.gif

Anyways, I own a couple of properties around AD area I hope that this development doesn't go sour like the nearby platinum condo that would be bad for my investments. The Bighouse company is just a marketing company which is hired by the owner of this project to sell their properties. Therefore they probably know jack about construction progress because they are just sales people. I'm sure you bunch have met sales person whom can say till the sun rise in the west but when something happens they disappear faster than Houdini himself.

My advice is to try to get someone working for SMland to get some info from the company itself, whether they have tons of unsold units therefore they are hitting a snag financially.Bighouse will not tell you that...

This post has been edited by northface: Mar 2 2012, 03:19 PM
northface
post Mar 2 2012, 03:24 PM

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There should be some clauses under the S&P that states the construction tenure, maybe someone with the S&P enlighten us on what the clauses are.
northface
post Mar 5 2012, 12:29 PM

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QUOTE(Johnlhtoh @ Mar 5 2012, 10:14 AM)
Hi Dear Mr Lau,

After looking at the progress at site ( From The photos) , I lost my head and called to Mr Chong ( Developer ) and Big House Manager .  Mr Chong commented not yet liaise with their site or Directors . ( I told him harshly ample time being given to him but still no reply and get him to transfer the line to the director or Dato Personally but in vain ) .

Spoken to Big house Mr Alex Lee with intention  to cancel my unit and refer me to speak to my lawyer . My lawyer advised me that i need to speak to S& P lawyer ie Rajendran and Deen . Suppose to speak to Lawyer Jessie Yong whom i signed the S & P with but since she is busy with client . Refer me to speak to Miss Kogi.

To My surprise , Miss Kogi told me that developer is collecting 2nd 10% which is " the work below groung level of the Said building comprising the said Parcel including foundation of the said building " this coming April ! ( Hey Guys , Do you think can they collect looking at the progress ??)

I told miss Kogi comparing the progress at Parklane and evesuite ( Both By Bighouse ), I doubt they can claim from purchasers 2 nd payment . Told him my intention to cancel the unit instead she told me i will be forfeited the 10%
down payment.

Miss Kogi reiterated that i can call developer to ask for cancellation . I am now contemplating to terminate my unit or to bear further RISK on this project .

rclxub.gif
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I've been to enough construction sites to smell something funny. The 2 pictures are taken about 6 months apart, if you look at the picture they only have some square piles lying around but you do not see any hammered piles nor do you see any pile caps, which are the basis of your building foundation. Even the ground work done has been minimal, 6 months still looks the same.

It seems like this developer is trying to collect $$$ from the payment schedule just because they have some foundation materials laying around. They can collect 10% for foundation works. Normally architect need to certify that work has been done then developer can claim from bank, but if developer is in cahoots with the architect they quickly approve payments then lari with the $$$$.

Purchasers of Eve really need to be diligent, remember that Bank Negara tighten housing loan rules this year and a lot of ppl cannot get loan. That can be part of the reason this developer is hitting a snag because of low no of buyers.

northface
post Mar 5 2012, 01:04 PM

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QUOTE(nwc4754 @ Mar 5 2012, 12:24 PM)
What is the implication if we cancel the unit now? I heard they are using injection pile. Not sure issit their injection pile machine is faster or not. That why they only required two machine. Not sure what type of foundation on site. Maybe is raft foundation. Then no need pile. Only certain location need pile due to the soil profile. I also bought a unit there, now everyone look like going to give up. Hope you all can find out more info and put it here. Thanks
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If not mistaken raft foundation is for 1/2 storey houses and structures that are less heavy given your soil profile, a block of condo weighs hundreds/thousand tons it is impossible to sit on a piece of land without any piling. They are using hydraulic pile drivers, similar to the old pile drivers where a hammer hits on the pile constantly to drive it into ground, instead hydraulic pile drivers 'push' your pile into ground hence there is less sound pollution because of all the condos nearby.
northface
post Mar 5 2012, 10:59 PM

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Concrete needs time to cure to achieve its optimal strength. If developer rushes the schedule and rush building quickly it might even compromise the structural integrity of the whole building. From my experience at least 2 weeks' of curing is needed for concrete slab to cure before it achieves its maximum strength. Of course you can plan and do everything without time wasted but then it will cost a lot of $$$$. I don't think a small time developer has the resources to do so and even if they did it will cost a lot more. A similar case is not long ago in Sentral the whole floor collapsed while casting the floor slab, something similar like this can happen.

It is pretty clear that this developer is behind schedule, obviously they are not revealing the true reason so investors have to keep the pressure up on them.
northface
post Mar 5 2012, 11:18 PM

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Yes fuji it is 28 days but a lot of developer does not wait for that long, normally at least 2 weeks.

No matter how u look at it this development is behind schedule. I actually find it hard to believe that someone said the developer said they have already driver in over 1000 piles. If they did you would see left over piles all sorts of other debris all over, not some brand new piles laying around like nothing has happened.
northface
post Mar 13 2012, 09:24 PM

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Today I passed by the site and seems like more activity going on since the hoarding gates were opened, normally they are closed. Saw more machinery and at least workers on the site.

Anyways, too bad this developer very 'tamak' selling fully furnished units and mark up their psf price so much, anyone with any exp in reno would know how much they are making on these. If they sell unfurnished units for reasonable price psf then this place is definitely a good investment.

Besides, what good is it when every single units looks the same?
northface
post Mar 17 2012, 03:31 PM

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Maybe everything there so developer can bill the next 10% for 'foundation works done'.

Added on March 17, 2012, 3:33 pm
QUOTE(rakyat @ Mar 16 2012, 05:27 PM)
I thot it is public knowledge that this project got problems with approval due to the proximity to the h/way or lrt or something. It took along time to get their ap approved.
Something wrong here, from my experience if haven't get approval where can sign S&P? Can booking first only, then after developer get all the planning approval by various departmentsdone then can sign S&P.

This post has been edited by northface: Mar 17 2012, 03:33 PM
northface
post Mar 26 2012, 01:16 PM

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QUOTE(nwc4754 @ Mar 26 2012, 01:11 PM)
If you look at the pile type they use, could you advise how the pile can be joint? It is not male and female end plate type.

Therefore, it is only one length of the pile can be drive in. Correct me if im wrong.
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Definitely have to join the piles together, u see the other side of the pile which is a metal plate, that's where they weld it together normally.

If you only use 1 length of pile, and doesn't reach setting depth then what's the point of piling? The strength of your piling comes from setting deep down into soil.
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